It was January 2013 when Toyota and BMW officially joined
forces to co-develop a sportscar and since then many unconfirmed rumors
emerged about both versions. Now, we finally have something official from
Toyota as their vice-president and product planning for Europe told Autocar in Geneva the model in question
will be positioned above the GT 86.

One could speculate that Toyota will bring back the iconic
Supra moniker since it wouldn't make much sense to use Celica taking into
account the previous model had roughly the same size as the GT 86 which Schlicht said
will carry on "with its own mission."

Toyota has already provided a sneak preview of the new
sportscar through the breathtaking FT-1
concept and apparently the production version will benefit from BMW's
knowhow in carbon fiber. We don't know for sure what will power the new "Supra", but
reports have suggested an AWD plug-in hybrid setup with a BMW-sourced 4-cylinder
2.0-liter engine and electric motors getting their energy from supercapacitors.

If all goes according to plan, Toyota's version will be out
in 2017 and will apparently cost more
than a Corvette which in the United States kicks off at $55,000 for the
2015MY Coupe.